Market Outlook and Turn Dates Ahead for Week of Jan. 26th
Market outlook: This is another big week in the markets. On Sunday, Venus is semi-square Uranus. There is a going to big volatility on Sunday related to the Greek elections. On Tuesday, Venus changes signs and enters Pisces and retrograde Mercury sextiles Uranus. On Wednesday, Mercury trines the No. Node on the Universal Clock or W.D. Gann’s wheel of 24. The fed makes another policy announcement on Wednesday. On Friday, Venus squares Saturn, Mars sextiles Pluto, and the Sun and Mercury form another conjunction. This week’s key turning points points or reversals days in all markets are likely to be on Tuesday, Wednesday, and Friday. Good trading to you!
Commentary for Emini trading: The EMini rallied last week as expected based on a bullish Mars cycle indicated for subscribers after last Tuesday’s strong turn date. A turn down began again on Friday’s reversal day. Key planetary resistance is now at 2057 to hold for more weakness. A break below 2040 is needed for another sell signal this week. A capitulation of a move is likely to occur on Friday.
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Commentary on Gold: Feb. Gold completed a top last week on Wednesday, within a trading day of the strong turn date on Tuesday, Jan. 20th. Key planetary support is now at 1284 this week. A break below 1284 is needed for another sell signal. The bias is down if 1308 planetary resistance continues to hold. Another low may not complete until Friday if the trend remains down this week.
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Commentary on Crude Oil: The trend still down in all time frames. Key planetary support is now at 44.40 to break for a sell signal again. Key planetary resistance now at 47.70 – 48.00 to break for another buy signal.
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Commentary on Eur/Usd: The trend still down in all time frames. Key planetary resistance is now at 1.1405 to break to another buy signal. Key planetary support and the next downside target is now at 1.1045 to break for another sell signal down to lower levels.
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